Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: per strandberg who wrote (67773)	12/2/2002 12:03:15 AM
From: GraceZ	Read Replies (1) of 132070

Under this type of a system it is virtually impossible for the general public as a whole to accumulate wealth. Correct. Technological advances will give the impression of wealth enhancement, but real wages and standard of living in relative terms will stagnate or decrease. This is so silly as to bring the whole essay under suspicion. One would have to assume that the public is never a beneficiary of interest paid on borrowed money, that they never benefit from return on equity or investment. I would dare to say people who never receive an interest payment in their entire lives are still beneficiaries of borrowed and invested money. Did you post a link to this nonsense as a joke?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next